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Press releases published on July 2, 2025
U.S. Stock Market Ends Tuesday Mixed Amid Musk-Trump Feud
MENAFN
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July 2, 2025
(MENAFN) The New York Stock Exchange wrapped up Tuesday with a mixed performance across major indices. The Dow Jones Industrial Average surged by 0.91%, adding 400.17 points to finish at 44,494.94. In contrast, the Nasdaq Composite slid 0.82%, or 166.85 …
Zuckerberg launches new division focusing on developing AI
MENAFN
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July 2, 2025
(MENAFN) Meta CEO Mark Zuckerberg has officially launched Meta Superintelligence Labs (MSL), a new division focused on developing artificial intelligence systems that exceed human capabilities. Announced on Monday, the initiative merges Meta’s primary AI …
Macron, Putin discuss Iran’s nuclear program on phone
MENAFN
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July 2, 2025
(MENAFN) French President Emmanuel Macron and Russian President Vladimir Putin held their first phone conversation since 2022 on Tuesday, focusing on Iran’s nuclear program and the ongoing situation in Ukraine. Regarding Iran, Macron highlighted that as …
Russian FM warns of NATO military budget increase can end NATO
MENAFN
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July 2, 2025
(MENAFN) Russian Foreign Minister Sergey Lavrov warned on Monday that the decision by NATO countries to significantly increase their military budgets could have “catastrophic” consequences and potentially cause the alliance to collapse. His comments echoed …
Israel Signals Potential Airstrikes on Yemen's Houthis
MENAFN
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July 2, 2025
(MENAFN) Israeli Defense Minister Israel Katz issued a stark warning on Tuesday night, signaling potential airstrikes against the Houthi group in Yemen, mirroring a recent assault on Iran. “Yemen will be treated like Tehran. After striking the head of the …
ALBA-TCP Blasts U.S. for Intensifying Economic Blockade Against Cuba
MENAFN
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July 2, 2025
(MENAFN) The Bolivarian Alliance for the Peoples of Our America-People's Trade Treaty (ALBA-TCP) vehemently condemned the U.S. government's latest move to intensify its economic aggression and blockade against Cuba on Tuesday. In an official statement, the …
Oil Prices Drop After Israel-Iran Ceasefire
MENAFN
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July 2, 2025
(MENAFN) Oil prices dropped by more than 12% last week, breaking a three-week surge, with experts forecasting prices to stabilize near the $60 mark if the fragile ceasefire between Israel and Iran holds. Brent crude surged to $77.81 a barrel on June 23, …
Senior Kenyan editor stresses importance of Africa-Chinese media agencies collaboration
MENAFN
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July 2, 2025
(MENAFN) A senior Kenyan editor emphasized on Tuesday that strengthened collaboration and exchanges between African and Chinese media organizations are crucial for maintaining strong friendly relations as both regions work toward a shared future and common …
“One Big Beautiful Bill” narrowly gets approved by US Senate
MENAFN
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July 2, 2025
(MENAFN) The Republican-controlled Senate passed President Donald Trump’s major legislative package, dubbed the “One Big Beautiful Bill,” on Tuesday, marking a significant step toward the president’s goal of signing the bill into law by the end of the week …
Chinese bike-sharing firm is set to expand fleet in Singapore
MENAFN
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July 2, 2025
(MENAFN) Chinese bicycle-sharing company HelloRide has received approval to expand its operational fleet in Singapore from 15,000 to 20,000 shared bicycles, the company said Tuesday. The Land Transport Authority (LTA) of Singapore has renewed HelloRide's …
N. Korea Launches Wonsan Kalma Coastal Resort to Revitalize Tourism
MENAFN
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July 2, 2025
(MENAFN) North Korea has launched the Wonsan Kalma Coastal Tourist Area on its eastern coastline in a strategic move to revitalize tourism and generate vital foreign revenue amidst ongoing international sanctions, state-controlled media reported on …
Robert F. Kennedy Jr. says democrats are sensitive to Trump
MENAFN
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July 2, 2025
(MENAFN) U.S. Health and Human Services Secretary Robert F. Kennedy Jr. has criticized the Democratic Party, accusing it of abandoning its historic principles to become a pro-war and pro-censorship force largely defined by opposition to President Donald …
Latin American Bloc denounces US increasing economic pressure on Cuba
MENAFN
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July 2, 2025
(MENAFN) The Bolivarian Alliance for the Peoples of Our America-People’s Trade Treaty (ALBA-TCP) issued a strong condemnation on Tuesday of the United States’ policy aimed at increasing economic pressure and blockade against Cuba. In an official statement, …
Extreme Weather Cuts Power, Disrupts Flights Across Southeastern Australia
MENAFN
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July 2, 2025
(MENAFN) Heavy rain and fierce winds have plunged thousands of Australians into darkness, while flight disruptions have spread across the state of New South Wales, media reported on Wednesday. The central and southern coastal areas of New South Wales were …
Bank of England Governor Projects Future Rate Cuts
MENAFN
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July 2, 2025
(MENAFN) Bank of England (BoE) Governor Andrew Bailey stated on Tuesday that while the central bank's policy rate is on a declining trajectory, the current stance remains restrictive. Speaking at a European Central Bank forum in Portugal, Bailey observed …
Mexican Leader confirms Mexico-US resumption of cattle trading
MENAFN
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July 2, 2025
(MENAFN) Mexican President Claudia Sheinbaum announced on Tuesday that Mexico and the United States have agreed to slowly reopen their border for cattle trade starting July 7. This follows a halt in May caused by an outbreak of the New World screwworm (NWS …
Belgian PM Pledges Deeper Cooperation with China
MENAFN
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July 2, 2025
(MENAFN) On Tuesday, Belgian Prime Minister Bart De Wever met with Chinese Foreign Minister Wang Yi, underscoring Belgium's intention to strengthen bilateral relations and build greater mutual trust with China. De Wever highlighted the historical bond …
Trump Calls Lara Trump Ideal Pick to Succeed Tillis in Senate
MENAFN
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July 2, 2025
(MENAFN) On Tuesday, U.S. President Donald Trump endorsed his daughter-in-law, Lara Trump, as a strong contender to replace retiring Senator Thom Tillis in North Carolina’s Senate seat. Responding to a question about potential candidates to fill Tillis's …
Mexican drug dealer hack FBI agent to intimidate or kill individuals
MENAFN
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July 2, 2025
(MENAFN) A hacker employed by Mexico’s most powerful drug cartel infiltrated the phone records and location data of a senior FBI agent working at the U.S. Embassy in Mexico, according to a recent report from the U.S. Department of Justice’s Office of the …
Euro Surges to Four-Year High Against U.S. Dollar
MENAFN
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July 2, 2025
(MENAFN) The euro surged to its highest level against the US dollar since 2021 on Tuesday, following the announcement that annual inflation in the eurozone had met the European Central Bank's (ECB) 2% target. By 0930GMT, the euro had risen 0.1% to 1.1821 …